Looks like he may be putting every spare dollar in it right now....

Looks like he may be putting every spare dollar in it right now. That's a pretty good vote of confidence. He already has a hell of a lot so he must be absolutely sure it is going up before long. I haven't seen him do this for a while. It is pretty nutty selling at 61 especially with gold currently at $A1,430 an ounce -and great buying. Maybe Frank bought that 4,800 parcel too. Minuscule turnovers so there's no panic from big holders and why would there be after all.
I don't know the rules on buying before a price sensitive announcement but believe it may be two weeks.
FishingAndBeer, just think how cheap our assets are becoming to foreign buyers. CRK share are currently US 50.63c! If I was holding American dollars right now I'd be looking at Australian assets - waiting until our dollar had stopped dropping and then swooping.
One more thing, if gold bounces back from this correction in US dollars and our dollar continues its slide it will not be very long before gold goes way past its last high of $A1,500 odd - what price gold shares then?
Also no doubt Kevin Rudd will change the super tax deal to sweeten it for the miners and their shareholders. This alone should cause a bounce back in mining shares.
Anyway I remain sanguine! (As does Frank evidently)